Construction companies accused of collusion
A REPRESENTATIVE of one of the six furniture removals firm appearing before the Competition Tribunal yesterday about settlement agreements the businesses had entered into for collusion offences, reported he had been approached “by a fool” last week wanting a cover quote. Peter Brauteseth from Joel Transport said cover tendering in the removals industry was “sort of a normal practice”. Cover pricing involves creating the illusion of competition by getting some firms to submit noncompetitive bids to enable a fellow cartel member to win a tender. The tribunal was hearing settlement agreements related to collusion by Matthee Furniture Removals; De Wet Human Transport, trading as Viking Transport; Superdoc Thirteen, trading as Low Line Furniture Removals; Transfreight International; JH Retief Transport and Joel Transport.